Topic: Bitcoin marketshare continues to drop (Read 422 times)

They have been for a long time too. One can also argue that the larger crypto institutions get, and non crypto ones get into the industry, the more direct and indirect attention Bitcoin will get. Someone new to crypto will see ad like that and think, let me do some research on the crypto thingy, boom, Bitcoin pops up in the first search.
Anyone blindly buying anything without doing research will not help the long term price growth of any currency and are not big losses.

Firstly, do you consider this to be reflected in the price movement of Bitcoin? Bitcoin actually is higher at this stage that it had been in previous cycles.

Below is an example of what I am talking about: would-be Bitcoin investors are now bombarded with apps that divert them to non-Bitcoin digital currencies.

The one below trades you out of Bitcoin with a single push of a button.

This is not like last time, people. Bitcoin now competes for the same investor dollars with hundreds of other very good options. The market is changing, and the old patterns no longer apply.

During the bear market, people tend to sell Bitcoin less than they sell other coins, and Bitcoin dominance grows. When there's a bull market, Bitcoin is growing, people out of FOMO and excitement people also try their luck with other coins, so the dominance can drop somewhat. It's not a perfect correlation, but I think it's true overall. Right now, Bitcoin is on the rise, and it makes sense for the market dominance to drop somewhat. That being said, it's still very high, and no coins is anywhere near challenging BTC dominance. I think it will stay this way in the future, and the current decrease is a mere fluctuation.

2025 is the year of the bull to push and warm things up.
Just wait and be patient, indeed 

So we completely agree. Great.

(Why do I have a feeling that this actually going to disappoint this poster ).

i give people many chances in a polite manner, until they show their ignorance and their real agenda.. then i dont hold back
even you know, out of the many thousands of members here, i only show my negative feelings to only a few dozen known ignorant people
i dont need to be polite to the ignorant nor fear calling them out as such
if they dont like being called it, they need to look at themselves and realise why, and then improve themselves to avoid being ignorant

if only those people didnt talk ignorantly then there would not be a issue
dont treat the ignorant troll as the victim to then pretend im the troll..
he is the one that refuses to learn about bitcoin, even though he is on a bitcoin forum that discusses topics of bitcoin

its like an idiot that goes to a car website but refuses to learn to drive nor learn anything about how cars work.. but still then wants to talk about how he thinks cars are valued and sold and used and made and, etc..
.. people with car knowledge would call him out on it

if you want to kiss, admire, love and adore ignorant people (that have had ample opportunities and been given good advice numerous times politely previously) .. thats on you

Franky, Bitcoin just crossed $100k and you're still all uppity, trollish and upset... Why do you feel the need to be so insulting and demeaning all the time? Give it a break for like 10 minutes. You'd be a much more effective "educator" if you could simply talk to people they way you would want to be talked to.

you are wrong again
i did not, nor ever have said it must appreciate in value forever because there is a limited supply.
you are the one fixated on rants about supply and demand where you have notions about the 21m limit and the market cap of such
 
i have in many topics told you that the 21m btc supply has nothing to do with how much is actively on the exchange market orderbooks
and its the market order books active orders that actually control the price.. not the 21m coin limit

lets explain something else (seeing as you used a 'limited acre' example
for instance you cant cut a house in half but you can cut btc into 100,000,000 parts
meaning if there was a market of only $100 and 1btc being deposited each day. this does not mean the price is fixed at 1btc=$100
you do know people in 2013 traded 1btc for $100 when there was different amounts of $ and btc deposited. and now in late 2024 trade 0.001 for $100
yep people dont need to buy whole btc and then that $ is not kept in some vault..
..please learn some economics
oh and by the way, people dont assess real estate land by the acre anymore.. they now value real estate by the square foot
and if you look over the last few hundred years, land prices have been on a increase(in any measure(acre or foot))

secondly you think that if the price appreciates to say $10m/btc, it is YOU that stupidly thinks that there needs to be trillions of dollars held somewhere, more than exist in the real world($210trill)
again the market cap number is meaningless there is not trillions of dollars held anywhere to represent the market cap
the market cap number is meaningless

the market price is not controlled or effected by the 21m coin. nor needing whole btc to sell..

please learn economics, learn how economics works, then learn bitcoin, learn how bitcoin works then learn about bitcoin economics

..
lets use your "limited acre" analogy again

if there is a property selling for $100k per 871squarefoot
thus with gardens drives and connecting roads call it about 150 properties per acre ($15m/acre)

where there is 4.62billion usable acres of land where by 2billion acres can be used for property

YOU would be the fool that would think that the real estate economy has a need to at some point in distant future store/lockup
$30,000,000,000,000,000 ($30quadrillion)

yet reality is the real estate market doesnt care nor need to think about nor need $30quad
instead all it cares about is the local 'comps' of homes that are currently valued at $100k per ~800-900squarefoot

where by in the past many decades thats same property was worth just $10k and in future will be worth more than $200k
and non of this has anything to do with total acre on planet limit and total market cap

..
and one last thing, YOU think bitcoin is based on speculation (see definition) because its YOU that does not have the knowledge
other people know economics and bitcoin and know how things work to know that bitcoin is not randomly whimsical and just made up in its economic value process
there is actual underlying things behind it beyond your understanding